Strong risk appetites carries on in early US session. DOW surges over 200 pts, or 0.8% and is back breaks 26000 handle. NASDAQ and S&P 500 extends he record run. Adding to the global trend, US equities are lifted by optimism that NAFTA negotiation is finally having a concrete breakthrough. It’s widely reported that Mexico and the US are hammering out the final details for a bilateral agreement. And an announcement is “also certain” for today.
DOW is now pressing a key near term channel resistance. Decisive break there will indicate upside acceleration. In that case, the index could finally catch up with the other two in making new records.
